All Corporate articles – Page 73
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News briefs
Milano Footwear, a Swedish shoe retailer with three shoe stores...
Milano Footwear, a Swedish shoe retailer with three shoe stores in Charlottenberg, Töcksfors and the Norby Shopping Center north of Strömstad went bankrupt as of Jan. 24. The stores had mainly Norwegian clients. Milano Footwear was started in March 2009 when Erika Sund and Lotta Okkonen took over the stores ...
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ECCO now regrets the major layoffs that were announced in...
ECCO now regrets the major layoffs that were announced in 2009. The recession had at that point majorly decreased sales of ECCO shoes, and 1,350 collaborators – mainly factory workers in Eastern Europe and the Far East – were let go. But now officials at ECCO say their effort to ...
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Gherardini expects that the footwear licensing agreement that it signed...
Gherardini expects that the footwear licensing agreement that it signed with Antichi Pellettieri (AP) will generate sales of 10,000 shoes per collection, representing €3 million in revenues a year. AP has a three-year license agreement with the Italian producer of handbags, starting with the autumn/winter collection, which was presented at ...
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After buying the fashion house of Gianfranco Ferré a few...
After buying the fashion house of Gianfranco Ferré a few weeks ago, Paris Group of Dubai has acquired the fashion house of Louis Féraud, which was owned for a while by the same French real estate company that owned Stephane Kelian. The group has distribution deals with Versace, Cerruti and ...
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Short stops
Salvatore Ferragamo has adopted the supply chain management solution of...
Salvatore Ferragamo has adopted the supply chain management solution of SAP for Retail to help run properly the growing network of its stores in China and other parts of Asia
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News briefs
DSW is going to merge with its largest shareholder, Retail...
DSW is going to merge with its largest shareholder, Retail Ventures, in a transaction that will make Retail Ventures a wholly owned subsidiary of DSW. The transaction will be done in a tax-free exchange of shares at an exchange ratio of 0.435 DSW shares per each Retail Ventures share. The ...
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News briefs
CTC Groupe, the French organization specializing in quality consultancy and...
CTC Groupe, the French organization specializing in quality consultancy and training for the footwear, leather and leathergoods industry, has opened an office in India. The unit is CTC's fifth in Asia and is located in New Delhi.
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News briefs
Mariella Burani Fashion Group (MBFG) has started to sell its...
Mariella Burani Fashion Group (MBFG) has started to sell its stakes in some non-core businesses – Sedoc Digital Group, Compagnia della Seta and Emmegas. The business plan of the company, currently in receivership, has been approved by the industry ministry. The administrators appointed by the government plan to organize the ...
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News briefs
A big Russian shoe retailer, Centrobuv, is reportedly planning to...
A big Russian shoe retailer, Centrobuv, is reportedly planning to go public later this year on the London or Hong Kong stock exchange to raise the equivalent of $500 million through the sale of existing shares and the issue of new ones. Morgan Stanley and Renaissance Capital are said to ...
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News briefs
Auri Design Group, the U.S. company in charge of Auri...
Auri Design Group, the U.S. company in charge of Auri Footwear, is being bought by Wellston Filter Sciences, and will become a wholly owned subsidiary. Once the purchase is approved, its new name will be Auri Inc. Auri, which makes footwear across most niches, including sport, casual, dress and fashion, ...
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Antichi Pellettieri, the leather goods company that controls Baldinini, has...
Antichi Pellettieri, the leather goods company that controls Baldinini, has increased its stake in Mosaicon to 41.6 percent from 36.0 percent through a capital increase. Mosaicon controls the handbag producers Francesco Biasia, Braccialini, Coccinelle and Mandarina Duck. The U.K. investment company 3i owns the remainder of the capital and could ...
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News briefs
Ferragamo's holding company has agreed to sell a stake of...
Ferragamo's holding company has agreed to sell a stake of 8 percent in Salvatore Ferragamo Italia to Peter Woo, whose family has been partnering with the Italian shoe brand for many years in Greater China. As part of the deal, Ferragamo will increase its stake in its joint ventures with ...
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Aeffe has taken full control of the shoemaker Pollini. The...
Aeffe has taken full control of the shoemaker Pollini. The Italian fashion group bought the 28 percent it did not own in Pollini from another Italian company, York, for €1.2 million. Controlling all of Pollini's capital will place Aeffe in a better position to negotiate possible partnerships for the footwear ...
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News briefs
The Walking Company (TWC), which manages 210 shoe stores in...
The Walking Company (TWC), which manages 210 shoe stores in the U.S., has sold its Big Dogs stores, which sell T-shirts and other products, for $5 million in cash last week. The new owner is Big Dog Licensing, a newly formed company owned by former preferred shareholders in TWC. and ...
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News briefs
The owners of Camper are reportedly going to invest €15...
The owners of Camper are reportedly going to invest €15 million in the next three years for the launch of Medwinds, a new line of clothing that will only sold over the internet. It is will be available initially only in Spain and the U.K., to be followed by the ...
